Elon Musk’s brother is selling Tesla stock — should you be worried?
Kimbal Musk, the brother of Tesla CEO Elon Musk, has been offloading shares of Tesla in recent months just as the stock has made a massive retreat from all-time highs. The electric vehicle maker, however briefly, had been among the select group of trillion-dollar companies following the stock’s post-U.S. presidential election surge.
The company's shares climbed 7.6 percent on Wednesday after Trump and Elon Musk hosted a Tesla showcase at the White House.
Unlike the rest of the group, Tesla is a richly valued, highly volatile stock that trades on hopes for the future rather than ...
Tesla's 50% stock drop may signal a buying opportunity. Click here to find out why TSLA stock is upgraded to Buy.
Tesla shares dropped more than 15% on Monday, making it the worst performer in the S&P 500 Index. Tesla’s stock has dropped ...
Violence against Tesla dealerships will be labeled domestic terrorism and perpetrators will "go through hell," U.S. President ...
Tesla’s stock has fallen nearly 49%, slashing its market capitalization from $1.54 trillion to around $777 billion. In response, JPMorgan has lowered its price target for Tesla shares by 41%, cutting ...
Tesla stock plunged more than 15% on Monday amid headwinds in the EV market as well as broader concerns about a possible ...
His remarks followed Tesla losing $130 billion in stock market value, leaving the automaker's shares at their lowest since ...
The collapse in Tesla’s market value has been nothing short of catastrophic. At its peak on December 17, Tesla’s stock was trading at $479.86. Since then, it has plummeted more than 50%, wiping out ...
Tesla recently lost nearly 50% of its $1.5 trillion market. JPMorgan analysts don't know another car company that lost so much value so quickly.
Tesla stock closed down 3% at $240.68, while the S&P 500 and Dow Jones Industrial Average lost 1.4% and 1.3%, respectively.
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